Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.
Ray Dalio to the Trump administration: Cut debt now or face an ‘economic heart attack’
Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.
Ray Dalio to the Trump administration: Cut debt now or face an ‘economic heart attack’
Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.
Wholesale prices rose 0.4% in January, more than expected
The producer price index was expected to increase 0.3% in January, according to the Dow Jones consensus forecast.
Barclays shares sink 6% despite fourth-quarter profit hike as 2025 guidance fails to impress
British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.
Germany’s second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets
Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.
Barclays shares sink 5% as fourth-quarter profit hike and 2025 guidance fail to impress
British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.
Barclays shares sink 5% as fourth-quarter profit hike and 2025 guidance fail to impress
British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.
British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback
British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.
British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback
British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.